XTSEHOT.U
Market cap27mUSD
Dec 23, Last price
0.50CAD
1D
8.70%
1Q
-23.08%
Jan 2017
-95.22%
IPO
-95.10%
Name
American Hotel Income Properties REIT LP
Chart & Performance
Profile
American Hotel Income Properties REIT LP (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.U), or AHIP, is a limited partnership formed to invest in hotel real estate properties across the United States. AHIP's 78 premium branded, select-service hotels are located in secondary metropolitan markets that benefit from diverse and stable demand. AHIP hotels operate under brands affiliated with Marriott, Hilton, IHG and Choice Hotels through license agreements. The Company's long-term objectives are to build on its proven track record of successful investment, deliver monthly U.S. dollar denominated distributions to unitholders, and generate value through the continued growth of its diversified hotel portfolio.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 280,521 -0.30% | 281,367 16.60% | 241,307 38.00% | |||||||
Cost of revenue | 215,789 | 248,026 | 213,591 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 64,732 | 33,341 | 27,716 | |||||||
NOPBT Margin | 23.08% | 11.85% | 11.49% | |||||||
Operating Taxes | 287 | (494) | 1,119 | |||||||
Tax Rate | 0.44% | 4.04% | ||||||||
NOPAT | 64,445 | 33,835 | 26,597 | |||||||
Net income | (77,971) 122.06% | (35,113) 196.36% | (11,848) -81.98% | |||||||
Dividends | (11,826) | (11,814) | (2,969) | |||||||
Dividend yield | 17.44% | 5.39% | 1.00% | |||||||
Proceeds from repurchase of equity | ||||||||||
BB yield | ||||||||||
Debt | ||||||||||
Debt current | 120,657 | 24,123 | 69,912 | |||||||
Long-term debt | 525,908 | 665,337 | 669,670 | |||||||
Deferred revenue | 953 | 663,453 | ||||||||
Other long-term liabilities | (663,453) | 1,652 | ||||||||
Net debt | 628,767 | 676,515 | 715,090 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 30,848 | 44,910 | 17,954 | |||||||
CAPEX | (25,287) | (28,250) | (6,209) | |||||||
Cash from investing activities | 2,637 | 15,296 | (18,632) | |||||||
Cash from financing activities | (28,632) | (61,961) | (4,340) | |||||||
FCF | 196,440 | 135,507 | 59,355 | |||||||
Balance | ||||||||||
Cash | 17,798 | 12,945 | 14,700 | |||||||
Long term investments | 9,792 | |||||||||
Excess cash | 3,772 | 12,427 | ||||||||
Stockholders' equity | 231,513 | 321,108 | 373,550 | |||||||
Invested Capital | 875,794 | 1,010,544 | 1,102,680 | |||||||
ROIC | 6.83% | 3.20% | 2.40% | |||||||
ROCE | 7.33% | 3.29% | 2.48% | |||||||
EV | ||||||||||
Common stock shares outstanding | 78,853 | 78,504 | 78,919 | |||||||
Price | 0.86 -69.18% | 2.79 -25.99% | 3.77 20.83% | |||||||
Market cap | 67,813 -69.04% | 219,027 -26.38% | 297,524 21.47% | |||||||
EV | 740,150 | 939,112 | 1,056,184 | |||||||
EBITDA | 99,680 | 71,293 | 70,803 | |||||||
EV/EBITDA | 7.43 | 13.17 | 14.92 | |||||||
Interest | 41,071 | 34,770 | 36,700 | |||||||
Interest/NOPBT | 63.45% | 104.29% | 132.41% |